Corebridge Financial (NYSE:CRBG) Major Shareholder Purchases $4,580,895.04 in Stock

September 23, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon purchased 131,333 Corebridge Financial shares for approximately $4.58 million, increasing its stake to 123.6 million shares. The transaction followed several other purchases in September.
Corebridge reported quarterly EPS of $1.12, exceeding the $1.08 consensus estimate, although revenue of $4.30 billion fell short of estimates. Analysts maintain a “Moderate Buy” consensus with an average price target of $37.42.
The company declared a quarterly dividend of $0.25 per share, equivalent to $1.00 annually and a 3.0% yield, payable September 30 to shareholders of record as of September 16.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon acquired 131,333 shares of the firm's stock in a transaction on Friday, September 18th. The stock was acquired at an average cost of $34.88 per share, with a total value of $4,580,895.04. Following the acquisition, the insider owned 123,607,185 shares of the company's stock, valued at $4,311,418,612.80. This trade represents a 0.11% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Jackson’s Record Quarter Powers the Bull Case

Life Insurance Co Nippon also recently made the following trade(s):

On Thursday, September 17th, Life Insurance Co Nippon bought 174,760 shares of Corebridge Financial stock. The shares were acquired at an average cost of $35.20 per share, for a total transaction of $6,151,552.00.
On Wednesday, September 16th, Life Insurance Co Nippon bought 320,785 shares of Corebridge Financial stock. The shares were acquired at an average cost of $35.02 per share, for a total transaction of $11,233,890.70.
On Tuesday, September 15th, Life Insurance Co Nippon purchased 210,903 shares of Corebridge Financial stock. The stock was acquired at an average cost of $35.02 per share, with a total value of $7,385,823.06.
On Monday, September 14th, Life Insurance Co Nippon purchased 295,967 shares of Corebridge Financial stock. The stock was acquired at an average cost of $34.86 per share, with a total value of $10,317,409.62.
On Thursday, September 10th, Life Insurance Co Nippon acquired 176,300 shares of Corebridge Financial stock. The shares were acquired at an average cost of $34.01 per share, with a total value of $5,995,963.00.
On Wednesday, September 9th, Life Insurance Co Nippon acquired 136,466 shares of Corebridge Financial stock. The shares were acquired at an average price of $33.78 per share, for a total transaction of $4,609,821.48.

Corebridge Financial Stock Performance

Shares of NYSE CRBG opened at $33.79 on Wednesday. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.14. The firm's 50-day moving average price is $33.02 and its two-hundred day moving average price is $28.94. Corebridge Financial, Inc. has a 52-week low of $22.19 and a 52-week high of $35.64. The stock has a market capitalization of $15.06 billion, a P/E ratio of 19.76, a P/E/G ratio of 0.45 and a beta of 1.08.

Corebridge Financial (NYSE:CRBG - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.08 by $0.04. The company had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.66 billion. Corebridge Financial had a return on equity of 17.37% and a net margin of 4.37%.During the same period in the prior year, the company earned $1.36 earnings per share. As a group, sell-side analysts forecast that Corebridge Financial, Inc. will post 4.59 earnings per share for the current year.

Corebridge Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $1.00 annualized dividend and a yield of 3.0%. Corebridge Financial's dividend payout ratio (DPR) is currently 58.48%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Keefe, Bruyette & Woods upped their price target on shares of Corebridge Financial from $40.00 to $43.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 11th. UBS Group upped their target price on shares of Corebridge Financial from $29.00 to $32.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 8th. TD Cowen upped their target price on shares of Corebridge Financial from $35.00 to $38.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. Jefferies Financial Group lifted their price target on Corebridge Financial from $43.00 to $45.00 and gave the company a "buy" rating in a report on Friday, July 10th. Finally, Zacks Research raised Corebridge Financial from a "strong sell" rating to a "hold" rating in a report on Monday, June 22nd. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $37.42.

Check Out Our Latest Report on Corebridge Financial

Hedge Funds Weigh In On Corebridge Financial

Several large investors have recently bought and sold shares of the stock. Rothschild Investment LLC boosted its holdings in Corebridge Financial by 133.3% during the fourth quarter. Rothschild Investment LLC now owns 910 shares of the company's stock worth $27,000 after buying an additional 520 shares in the last quarter. Bell Investment Advisors Inc bought a new position in shares of Corebridge Financial in the second quarter valued at $27,000. Sonoma Allocations LLC acquired a new stake in shares of Corebridge Financial during the 1st quarter valued at $30,000. Allworth Financial LP bought a new stake in shares of Corebridge Financial during the 2nd quarter worth $41,000. Finally, Versant Capital Management Inc boosted its stake in shares of Corebridge Financial by 1,124.2% during the 2nd quarter. Versant Capital Management Inc now owns 1,616 shares of the company's stock worth $46,000 after acquiring an additional 1,484 shares in the last quarter. Institutional investors and hedge funds own 98.25% of the company's stock.

Corebridge Financial Company Profile

(Get Free Report)

Corebridge Financial, Inc (NYSE: CRBG) is a provider of retirement solutions and insurance products in the United States. The company serves individuals, employers, financial professionals and institutional clients through a range of businesses focused on helping customers build, preserve and receive income from their assets.

Its products and services include individual and group annuities, retirement plan solutions, life insurance and institutional insurance offerings. Corebridge also provides investment, recordkeeping and related administrative services for workplace retirement plans, as well as solutions designed to support financial institutions and other institutional customers.

Corebridge was established through the separation of American International Group's life and retirement business and began operating as an independent publicly traded company in 2022.